1059 Cadence, Irvine, California 92618, Irvine, 92618 - 4 bed, 4 bath
ACTIVE$1,590,000
1059 Cadence, Irvine, California 92618
4Beds
4Baths
1,941Sqft
0.05Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
New Construction & Modernity: As a brand new home built in 2024, it offers contemporary design, smart home features, and minimal immediate maintenance concerns, appealing to buyers seeking modern living.
Top Cons:
Condominium & Lot Size: Classified as a condominium with a relatively small 0.05-acre lot, it may not appeal to buyers specifically seeking a traditional single-family home with a larger private yard.
Compared to the nearby listings
Price:$1.59M vs avg $1.38M (+$210,010)68%
Size:1,941 sqft vs avg 2,010 sqft47%
Price/sqft:$819 vs avg $69881%
More Insights
Built in 2024 (1 years old).
Condition: This is a brand new home built in 2024, as explicitly stated in the listing. The description highlights a 'gourmet kitchen' and 'smart home' features, indicating modern, high-quality appliances, fixtures, and systems throughout. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria.
Year Built
2024
Close
-
List price
$1.59M
Original List price
$1.59M
Price/Sqft
$819
HOA
$235
Days on market
-
Sold On
-
MLS number
OC25037276
Home ConditionExcellent
Features
Good View: Mountain(s), Peek-A-Boo
Deck
Patio
ViewMountain(s), Peek-A-Boo
About this home
Brand new home located in Solis Park in Great Park neighborhood. Walking distance to Portola High School and Solis Park Elementary. It comes with 4 bedrooms,4 full bathrooms. There is one bedroom and 1 full bathroom on the 1st floor. On the 2nd floor, there is a large covered balcony with views. The gourmet kitchen features a spacious central island and dining area, seamlessly connected to the open living space. Solar was paid off. This smart home makes living simple Best location, nearby 5 freeway, within 10 minutes you may drive to Costco and Spectrum shopping Center.
Condition Rating
Excellent
This is a brand new home built in 2024, as explicitly stated in the listing. The description highlights a 'gourmet kitchen' and 'smart home' features, indicating modern, high-quality appliances, fixtures, and systems throughout. All components are new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria.
Pros & Cons
Pros
New Construction & Modernity: As a brand new home built in 2024, it offers contemporary design, smart home features, and minimal immediate maintenance concerns, appealing to buyers seeking modern living.
Exceptional Location & Schools: Located in the highly sought-after Solis Park within the Great Park neighborhood, it boasts walking distance to top-rated Portola High School and Solis Park Elementary, a significant draw for families.
Financial & Environmental Benefit: The fully paid-off solar system provides substantial long-term savings on electricity bills and contributes to a reduced environmental footprint, enhancing the property's value proposition.
Versatile & Open Floor Plan: Featuring 4 bedrooms and 4 full bathrooms, including a desirable downstairs bedroom and bath, a gourmet kitchen with a central island, and an open-concept living space, it caters to diverse family needs and entertaining.
Accessibility & Amenities: Its prime location offers excellent proximity to the 5 Freeway, Costco, and the Spectrum Shopping Center (within 10 minutes), ensuring unparalleled convenience for commuting, shopping, and recreation.
Cons
Condominium & Lot Size: Classified as a condominium with a relatively small 0.05-acre lot, it may not appeal to buyers specifically seeking a traditional single-family home with a larger private yard.
Premium Price Point: The list price of $1.59 million for 1941 sqft positions it at a high-end market segment, which could potentially limit the pool of prospective buyers despite its newness and location.
Ongoing HOA Fees: A monthly association fee of $235 adds to the recurring cost of homeownership, which is an additional financial consideration for potential buyers.